Market Overview
Home Prices in Quimby, IA
The median home value in Quimby, IA is $117,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.7% compared to a year ago and down 8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Quimby are priced71% below average.
Price History
Quimby Home Price Trend
2022
$122,288
$122K
—
2023
$124,990
$125K
+2.2%
2024
$124,507
$125K
-0.4%
2025
$114,508
$115K
-8.0%
2026
$117,632
$118K
+2.7%
City Comparison
Quimby vs. National Median
🏠 Quimby
$117,632
National Median
$410,000
At $117,632, homes in Quimby cost 71% below the national median of $410,000. This makes Quimby a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Quimby?
20% Down Payment
$23,526
on $117,632
Monthly P&I
$614/mo
30-yr @ 6.8%
Total Monthly Est.
~$780/mo
incl. taxes & insurance
Income Needed
$31,200
gross annual (30% rule)
10% Down Option
$11,763
+ PMI applies
Loan Amount (20% dn)
$94,106
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Quimby, IA?
The median home value in Quimby is $117,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.7% year-over-year.
How much have home prices changed in Quimby?
Over the past year, home values in Quimby have increased by 2.7%.
How much do I need to earn to buy a home in Quimby?
To comfortably afford the median home price of $117,632 with a 20% down payment ($23,526) at today's rates (6.8%), you'd need a gross annual income of approximately $31,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Quimby compare to the national average home price?
The national median home value is approximately $410,000. At $117,632, homes in Quimby are 71% below the national average.